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Infineon Technologies AG (IFXGn.DE)

IFXGn.DE on Xetra

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Tue, Aug 6 2019

Infineon CEO Ploss gets two-year extension, new chairman elected

FRANKFURT, Aug 6 German chipmaker Infineon Technologies said on Tuesday that CEO Reinhard Ploss had been given a two-year contract extension and would continue to lead the company until the end of 2022.

Infineon confirms reduced guidance, says Cypress deal on track

FRANKFURT German chipmaker Infineon expects to meet its lowered guidance for the year to Sept. 30, it said on Thursday after posting third-quarter sales and profit in line with market expectations.

Infineon CEO sees semiconductor recovery only in 2020

FRANKFURT German chipmaker Infineon expects the semiconductor industry to recover only in 2020, with no sign of recovery yet in the strategically important Chinese auto market, Chief Executive Reinhard Ploss said on Thursday.

UPDATE 2-Infineon confirms reduced guidance, says Cypress deal on track

* Says $10 bln Cypress deal on track (Adds context on Cypress deal)

Infineon confirms thrice-reduced guidance, Cypress deal on track

FRANKFURT, Aug 1 German chipmaker Infineon said on Thursday it expected to meet its thrice-lowered guidance for the business year to Sept. 30 as it reported fiscal third-quarter sales and profit that were in line with market expectations.

Infineon raises $1.7 billion to help fund Cypress deal

FRANKFURT Infineon Technologies raised 1.545 billion euros ($1.74 billion) in an accelerated capital increase to help fund the cost of its planned acquisition of Cypress Semiconductor, it said late on Monday.

Infineon raises $1.7 billion to help fund Cypress deal

FRANKFURT Infineon Technologies raised 1.545 billion euros ($1.74 billion) in an accelerated capital increase to help fund the cost of its planned acquisition of Cypress Semiconductor, it said late on Monday.

UPDATE 1-Infineon raises $1.7 billion to help fund Cypress deal

* Funds to be used to pay for Cypress Semi deal (Adds final price of placement, shares)

Infineon launches 1.5 billion euro capital hike to help fund Cypress deal

FRANKFURT Infineon Technologies said on Monday it was launching an accelerated capital increase to raise 1.5 billion euros ($1.68 billion) towards the cost of its planned acquisition of Cypress Semiconductor.

Infineon launches 1.5 bln euro capital hike to help fund Cypress deal

FRANKFURT, June 17 Infineon Technologies said on Monday it was launching an accelerated capital increase to raise 1.5 billion euros ($1.68 billion) towards the cost of its planned acquisition of Cypress Semiconductor.

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